id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
inlawrev-2493	Carr, James M.	When Can the Owners Participate in the Reorganized Debtor?: Cram Down as a "Shield" for Creditors	1982	14	.pdf	application/pdf	7120	372	64	They might do so if creditors cannot propose a better plan, that is, a plan that would generate a larger recovery without the agreement and cooperation of the owners, or a commitment that the owners will participate in the business following confirmation.47 Creditors might not be able to propose a better plan without the participation of the owners if the owners possess management, sales, or other skills that See note 16 supra. Cram Down as a Shield for Creditors James M. Carr* I. Introduction The goal in most cases under Chapter 11 of the Bankruptcy Code 1 is confirmation by the Bankruptcy Court of a reorganization plan that will provide for the distribution of the going concern value of the debtor business to creditors and owners.2 A confirmed plan represents resolution of the inherent conflict between the interests of the business' owners and creditors.	cache/inlawrev-2493.pdf	txt/inlawrev-2493.txt